Flat 74 м² in Madrid, Spain

718 003 $

9 702 $ /м²

4OaVM

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #1

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #2

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #3

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #4

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #5

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #6

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #7

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #8

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #9

Flat 74m² in Spain, Madrid. Priced at 629000€ rent photo- #10

Area

74 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful renovated apartment located in the center of Madrid, near Plaza San Idelfonso. The apartment, on the fourth floor, has a total area of 74 square meters and consists of two bedrooms with two bathrooms (one of them being an ensuite), a living room, and a kitchen. The interior design features natural wood finishes and a combination of light to create different atmospheres. An ideal area for investment with nearby shops. Furnished. Renovated. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

718 003 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Madrid; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Madrid short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (718 003 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Madrid: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).